Täna hommikul Naz, SP futuurid 0.5% plussis, ühtegi konkreetset uudist selle taga ei ole.
07:20 CSCO Cisco Systems upgraded at Janney (22.35 )
Janney upgrades CSCO to Buy from Hold, saying the recent selloff in the stock creates a buying opportunity; as the share price has declined, firm says the co’s core biz continues to show signs of improvement; firm also believes the co will continue to gain mkt share in several of its previously announced growth initiatives including home networking, wireless, security, and storage. Target is $26.
- Kui CSCO selle pisikese maja upgreidi peale ka turu avanedes tugevust suudab näidata, räägib see turu üldisest ostusoovist. Ja eks sellele aitab kaasa ka Pisipehme (MSFT) eilne comeback. Microsofti graafik on allapoole väga “väljavenitatud”.
- Kuigi ise ei ole lugenud intervjuud, siis AMD juht andis positiivseid prognoose 2004. aasta teiseks pooleks. See on hoidnud täna hommikul pooljuhtide sektorit rohelises. Jällegi suhteliselt tühine uudis, kuid reaktsioon räägib enda eest.
- Nasdaq 100 (QQQ) sulgus eile ikkagi 200MA peal. Asi seegi.
fwiw,
sB
Ilmselt võib täna ka MSFT suunda anda (eelturul + 0.8%) - hoidke radaril.
Lisaks siis ka Realmoney arvamus.
Mr. Market has been dishing out some major pain to the bulls lately. Yesterday's action was particularly ugly, with a broad selloff on solid volume. The major indices are all struggling to find support. Unfortunately there isn't much to be found. There are good technical arguments to be made for this market to move much lower and there is even talk about how the bear market is reemerging.
The biggest problem for the bulls is that there is no positive news to be found. The international political situation, domestic politics, economic news and individual company news offer nothing positive to focus on. The bears are using this void to raise their concerns about valuations and how higher interest rates will eventually kill real estate, consumers and the market.
The bulls are left with little choice but to sit, wait and stay patient while these negative sentiment play out. Many bulls have strong convictions and are inclined to fight the tide. They are confident that things will improve and they want to take advantage of the current "irrationality." That approach can work very well if their timing is good, but if they are off they are sure to undergo some major pain and suffering.
Nasty downtrends like now create a great dilemma for bulls. The choices are clear: Do I take the pain of losses now and stop the suffering or do I endure and risk even greater pain and more suffering? The answers are far less clear.
The dilemma is such a difficult one that many are frozen into inaction and end up making their decision by default. They stay locked into positions and end up relying on hope that the downtrend will come to an end before their positions go to zero. The longer they stay frozen into inaction, the deeper they are buried and the more difficult it becomes to take any action.
At what point do you throw in the towel and stop the suffering? Is capitulation an acknowledgment and guarantee of failure? If you sell out and lock in your losses after weeks of suffering, have you lost the war?
No, you haven't. You may have lost a battle but the great thing about the stock market is that once you free up your capital, you have the ability to dive right back in and make up those losses. There is nothing to stop you from rebuying a stock that you just sold. There is nothing to prevent you from reinvesting your cash in new positions. Selling a stock and evaluating your choices with fresh eyes can be tremendously liberating.
Realizing that you don't have to sit and suffer while you watch your portfolio slowly crumble restores your sense of power over the market. Selling is a very powerful emotional tool that we have at our disposal and we should not hesitate to use it.
The key is to be prepared to do battle with the cash you raise. Selling in order to sit passively without a plan to make up losses will guarantee poor performance.
The sellers have stepped aside in the early going and we have a bit of a bounce shaping up to start the day. Overseas markets saw a little relief and are mixed. Chip stocks are seeing a boost on positive comments about future demand from Advanced Micro Devices (AMD:NYSE). The dollar is mixed and gold is trading down.
The action yesterday left the market oversold so a bounce shouldn't come as a big surprise. The real issue now is to what degree market sentiment has shifted to a sell-the-bounce approach. We shall see soon enough.
Gary B. Smith:
sest: neljapäev juba mõeldakse, et nädalavahetuseks ei tohiks positsioone kätte jätta ja müüakse, reedel vaadatakse et nädalavahetuseks ei tohi kindlalt midagi kätte jätta, sest kes teab-
esmaspäev seeditakse grillipeo jutte suurtest hävingutest ja müüakse, et rahu saada. aga suts jäetakse ikka igaks petteks kätte kah, kes teab. teisipäev siis selgub, et kurat ei põrkagi ja müüakse se viimane.
kolmapäev siis saab juba madalalt osta, et siis nädalavahetuseks müüma hakata
Coq võitis Rauno Pehka viimase sekundi viskega ja kui hooaja sees on mängud parajad jalutamised, siis täna anti küll kõik. Mäng nagu NBA-s!
Seega ilmselt suurima eelarvega meeskond (Kalev) juba veerandfinaalis väljas.
1) üles-alla-üles päev, mis oleks kindlasti ka järgmisteks päevadeks positiivne;
2) eilsed põhjad võetakse välja ja karude tants algab.
Praegu on võimalused vast 50:50.
mõned targemad turuosalised räägivad, et see oli selloffi põhjuseks.